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FirstFT: Chinese tech groups expand AI teams in Silicon Valley
Also in today’s newsletter, ‘hybrid warfare’ in the Baltic Sea and the battle to be the next US Treasury secretaryWorld - Financial Times - November 19 -
European tech funding declines for third consecutive year — but the sector is finally stabilizing
VC investment in European startups is projected to decline for a third straight year, according to Atomico — but there are signs things are finally stabilizing.Business - CNBC - November 19 -
Matt Gaetz could launch Big Tech crackdown at DOJ
President-elect Trump’s decision to nominate former Rep. Matt Gaetz (R-Fla.) as attorney general signals a rough road ahead for major technology firms during his second administration. Gaetz had ...Politics - The Hill - November 19 -
Antitrust Enforcers Prepare Final Blitz Against Big Tech
The Biden administration’s top antitrust officials plan to take more shots at the tech industry before leaving office, in a race to cap four years of aggressive enforcement.Business - The Wall Street Journal - November 18 -
This veteran tech investor won’t sell Nvidia shares now — regardless of earnings
Money manager Louis Navellier says Nvidia is the most ‘monopolistic and powerful’ stock he’s ever seen.Business - MarketWatch - 6 days ago -
Pivoting in politics, tech, antitrust and economic growth | Gary Shapiro interview
Gary Shapiro, the CEO of the CTA, is blunt when he articulates his views of politics, tech, antitrust law and economic growth.Tech - VentureBeat - November 20 -
Matt Clifford: the UK tech adviser whose influence has drawn sceptics
British venture capitalist has advised successive Tory and Labour governmentsWorld - Financial Times - 6 days ago -
Tech, business reaction to Gaetz withdrawing from attorney general consideration
All eyes are on big tech and the business world as former Florida Rep. Matt Gaetz's announcement to withdraw from attorney general consideration reverberates across the U.S. CBS MoneyWatch ...Top stories - CBS News - 5 days ago -
Qualcomm is moving fast to boost growth and trim its dependence on Apple
Tech giant sees its future in cars, laptops and the Internet of Things.Business - MarketWatch - 4 days ago -
Lightricks bets on open-source AI video to challenge Big Tech
Lightricks releases LTXV, a breakthrough open-source AI model that generates professional-quality videos in real-time on consumer hardware, challenging tech giants with faster processing speeds and ...Tech - VentureBeat - 5 days ago -
How tech bros bought 'America's most pro-crypto Congress ever'
Crypto showed up in force this election cycle, raising tens of millions to vote out the industry's critics and vote in its friends.Business - CNBC - 2 days ago -
How tech bros bought 'America's most pro-crypto Congress ever'
Prior to announcing his Senate candidacy in April 2023, Bernie Moreno was a political no name.Top stories - NBC News - 3 days ago -
Africans working on AI feel exploited by big American tech companies
Digital workers in Kenya had to sift through horrific online content to train AI, but say they were underpaid, overworked, and got inadequate mental health support. So they're fighting back.Top stories - CBS News - 2 days ago -
Judge hears closing arguments on whether Google's advertising tech constitutes a monopoly
The Justice Department and Google have made their closing arguments in a trial alleging Google’s online advertising technology constitutes an illegal monopolyTech - ABC News - Yesterday -
How Nvidia earnings affect your stake in other tech stocks
When the AI giant sneezes, companies in its orbit catch a cold.Business - MarketWatch - 2 days ago -
How Amazon Uses Massive Tech Assets to Fight AI-Enhanced Cybercrime
The tech powerhouse describes how it deploys its vast array of computing and communication tools to work to battle hackers and crooks who are using AI to scale up threats to businesses.Business - Inc. - 2 days ago -
U.S. Says Google Is an Ad Tech Monopolist, in Closing Arguments
The two sides made their final cases to a federal judge Monday in a trial over the tech giant’s dominance in technology that sells ads online.Tech - The New York Times - Yesterday -
Margrethe Vestager, the World’s Top Tech Cop, Is Making Her Exit
Margrethe Vestager, the European Union’s antitrust regulator, who put technology’s harms on the global agenda, reflected on a decade of taking on the biggest companies and what comes next.Tech - The New York Times - Yesterday -
Surveillance tech advances by Biden could aid in Trump's promised crackdown on immigration
President-elect Donald Trump will return to power next year with a raft of technological tools at his disposal that would help deliver his campaign promise of cracking down on immigration — among ...Tech - ABC News - 17 hours ago -
How Russia, China and Iran Are Interfering in the Presidential Election
Eight years after Russia interfered in the 2016 presidential election, foreign influence with American voters has grown more sophisticated. That could have outsize consequences in the 2024 race.Tech - The New York Times - October 29 -
Why Europe’s car crisis is mostly made in China
The once-lucrative market is now highly competitive and more Chinese EVs are being exported, compounding slower sales at homeWorld - Financial Times - October 29 -
China loses third of its billionaires as economy falters
ByteDance chief Zhang Yiming leads country’s ‘rich list’ with $49bn fortuneWorld - Financial Times - October 29 -
TikTok founder becomes China's richest man
Zhang Yiming's fortune has leapt to almost $50bn, according to a newly published rich list.Top stories - BBC News - October 29 -
India's growing influence means trouble for China’s alliance
India is becoming more important, something not good for China.Politics - The Hill - October 29 -
FirstFT: Harris calls on America to ‘turn the page’ on Trump
Also in today’s newsletter, Ukraine and Russia hold secret talks, while Alphabet and Reddit shares rise after resultsWorld - Financial Times - October 30 -
China’s Latest Security Target: Halloween Partygoers
Last year, the Shanghai government said Halloween celebrations were a sign of “cultural tolerance.” This year, the police rounded up people in costume.World - The New York Times - October 30 -
Volkswagen profit plunges 64% as China sales slide
Europe’s largest carmaker highlights ‘urgent need’ for cost reductions and efficiency gainsBusiness - Financial Times - October 30 -
UK borrowing costs rise as Reeves’ spending plans unnerve investors
Ten-year gilt yield hits five-month high after chancellor’s first BudgetBusiness - Financial Times - October 30
